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The First National Bank of Powhatan Point, Financial Information

AboutThe First National Bank of Powhatan Point

 Address:
345 Highway 7 North
Powhatan Point,OH
Belmont County,Ohio
 Established:
Mar 1905
 Number of domestic offices:
1
Total assets$36M
Net income$0M
Net income,quarterly$0M
Total deposits$32M
Domestic deposits$32M
Equity capital$3M
ROA0.6%
ROAQ,quarterly0.03%
ROA,pretax0.03%
ROAQ,quarterly,pretax0.0%
ROE6.31%
ROEQ,quarterly0.38%
UpdatedApr 11, 2013

Terms and Definitions

  • Domestic deposits
    The sum of all domestic deposits, including demand deposits, money market deposits and time deposits.
  • Equity capital
    Total equity capital (includes preferred and common stock, surplus and undivided profits).
  • ROA
    Return on assets, net income after taxes and extraordinary items (annualized) as a percent of average total assets.
  • ROE
    Return on equity, annualized net income as a percent of average equity on a consolidated basis.

The First National Bank of Powhatan Point has been a trusted Powhatan Point financial institution for over 100 years. The original location was in a little house on First Street in downtown, but the bank later moved to a commercial building on the same street, where it stayed for many years.

Unfortunately, a couple of disasters affected the bank over the years. In the 1930s, flood water reached the downtown bank. In 1995, fire completely destroyed the second First Street location. As a result, a new building had to be built, which is where the bank is currently located on Ohio Route 7.

Ninety-five percent of The First National Bank of Powhatan Point is owned by local stockholders. The First National Bank of Powhatan Point is community oriented, providing support to the Powhatan Lions Club, the Powhatan Senior Citizens, River High School, and other local schools.

The First National Bank of Powhatan Point offers services to fit its customers’ needs: 24-hour banking ATM, Saturday hours, debit cards, checking accounts, savings accounts, Christmas Club accounts, mortgage loans, auto loans, personal loans, safe deposit boxes, money orders, cashier’s checks and certificates of deposit.

First National Bank‎
345 Ohio 7
Powhatan Point, OH 43942
(740) 795-5303

Historical Data